Halifax House Price Index: Prices rise at fastest rate for three years

HalifaxNew figures from the Halifax show house prices are rising at their fastest rate for nearly three years. According to the UK’s largest mortgage lender, house prices rose by 0.60% in June and have risen sharply by 3.70% over the past 12 months. The annual rise is the largest since August 2010 and June is the fifth month in a row house prices have risen. Last week the Nationwide said house prices had risen by 0.30% in June and were ...

Housing round up: House prices and repossessions rise slightly

Housing & mortgage round up_istockphotoA busy week for housing news as the Halifax release their latest house price data, news that repossessions are on the rise, whilst there is a warning for all buy to let landlords. House prices rise The latest figures from the Halifax show house prices rose in April by 1.1%. According to the UK’s largest mortgage lender, house prices also rose by 2% over the past year and by 1.3% over the last three months, taking the value of the ...

Halifax House Price Index: House prices on the rise

HalifaxThe latest figures from the Halifax, the UK’s largest mortgage lender, show house prices are on the rise. According to the latest Halifax House Price Index, April saw a 1.1% rise in prices, taking the value of the average home to £166,094. The figures are significantly different than those released by the Nationwide, which indicated prices actually fell by 0.10% in April. The Halifax also revealed house prices rose by 1.3% over the past quarter and by 2% during the last 12 months, ...

Halifax House Price Index: House prices rise in February

HalifaxThe latest house price data from the Halifax has brought positive news for those people looking for an increase in property values. According to the UK’s largest mortgage lender, house prices rose by 0.5% in February and are up by 1.9% compared to this time last year. The figures show that average price of a home is now £163,600. Commenting on the figures Martin Ellis, Housing Economist at the Halifax, said: "The housing market continued to provide evidence of improvement in February. Prices in ...